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$ 97,000
Est. payment | /mo
2,875 Sqft Lot
$ 97,000
Est. payment | /mo
2,875 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Provost
MLS® Listing ID A2324688
Year Built 1963
Annual Tax Amount $1,694
Tax Year 2026
Lot Size 2,875 Sqft
Acres 0.07
Property Sub-Type Mixed Use
Source Lloydminster
Property Description
Mixed-Use Commercial Property in Provost, Alberta
This older mixed-use commercial property offers a combination of retail, office, and residential space, with some renovations completed over the years.
The front area is currently set up as a salon/barber shop or retail space, providing a functional commercial footprint for a small business or service-based tenant.
The middle section of the building includes 3 private offices, a sitting area, and a washroom. Two of the offices are currently vacant, which may provide an opportunity for additional rental income if leased.
At the rear of the building is a 1-bedroom, 1-bath residential suite with a kitchen, living room, and front/rear access. The suite adds another potential income source or flexible-use area within the property.
Updates include a new roof in 2020, flooring updates in 2017, and kitchen and bathroom renovations in the residential suite completed around 2014/2015.
Financial Performance — January 1 to June 30, 2026
Based on the information provided, the property has generated the following year-to-date numbers:
Gross rental income, 6 months: $8,340.00
Operating expenses, taxes and utilities: $3,986.07
Net operating income, 6 months: $4,353.93
Annualized projected NOI: $8,707.86
Located in Provost, Alberta, this property may be suitable for a buyer looking for an older mixed-use building with existing rental income, completed updates, and the potential to improve revenue through vacant office lease-up.
This older mixed-use commercial property offers a combination of retail, office, and residential space, with some renovations completed over the years.
The front area is currently set up as a salon/barber shop or retail space, providing a functional commercial footprint for a small business or service-based tenant.
The middle section of the building includes 3 private offices, a sitting area, and a washroom. Two of the offices are currently vacant, which may provide an opportunity for additional rental income if leased.
At the rear of the building is a 1-bedroom, 1-bath residential suite with a kitchen, living room, and front/rear access. The suite adds another potential income source or flexible-use area within the property.
Updates include a new roof in 2020, flooring updates in 2017, and kitchen and bathroom renovations in the residential suite completed around 2014/2015.
Financial Performance — January 1 to June 30, 2026
Based on the information provided, the property has generated the following year-to-date numbers:
Gross rental income, 6 months: $8,340.00
Operating expenses, taxes and utilities: $3,986.07
Net operating income, 6 months: $4,353.93
Annualized projected NOI: $8,707.86
Located in Provost, Alberta, this property may be suitable for a buyer looking for an older mixed-use building with existing rental income, completed updates, and the potential to improve revenue through vacant office lease-up.
Location
Province AB
County Provost No. 52, M.d. Of
Zoning C1
Interior
Heating Floor Furnace, Forced Air, Natural Gas
Cooling Central Air
Inclusions na
Exterior
Roof Type Metal
Lot Frontage 25.0
Building
Foundation Poured Concrete
Others
Restrictions None Known
Tax ID 56963742
Ownership Private
Listed by ROYAL LEPAGE WRIGHT CHOICE REALTY
Nearby Locations
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